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  3. given the data below, what is the estimated bias g

Given the data below, what is the estimated bias given a reference value of 24.521? Data 24.9872 24.2675 25.2027 24.6919 24.9361 25.5176 24.8503 24.1735 24.8481 24.898 24.8747 24.6096 24.6116 24.9186 25 24.519 25.7207 24.9817 25.2276 24.919

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Question

Statistics

Given the data below, what is the estimated bias given areference value of 24.521?

Data
24.9872
24.2675
25.2027
24.6919
24.9361
25.5176
24.8503
24.1735
24.8481
24.898
24.8747
24.6096
24.6116
24.9186
25
24.519
25.7207
24.9817
25.2276
24.919

Answer & Explanation Solved by verified expert
3.7 Ratings (567 Votes)

Data
24.9872
24.2675
25.2027
24.6919
24.9361
25.5176
24.8503
24.1735
24.8481
24.898
24.8747
24.6096
24.6116
24.9186
25
24.519
25.7207
24.9817
25.2276
24.919
Sum 497.7554
Average 24.88777
reference value 24.521 (given)
Estimated bias = Average - reference value
Estimated bias = 0.36677
RESULT:
Therefore the estimated bias given a reference value of 24.521 is 0.36677 for the given data.
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